STORFORSHEI NATURKRAFT AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−42,32 %

Current Ratio

9,92

Debt-to-Equity Ratio

4,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	663 000	1 649 000	531 000	2 749 000
Net Income	−2 407 000	−1 131 000	−2 425 000	−413 000
Total Assets	31 507 000	28 233 000	25 986 000	25 998 000
Total Equity	5 688 000	2 990 000	928 000	3 353 000

Income (NOK)	2022	2021	2020	2019
Revenue	663 000	1 649 000	531 000	2 749 000
Expenditure	2 876 000	2 461 000	2 136 000	2 510 000
Operating Profit	−2 213 000	−812 000	−1 604 000	240 000
Financial Income	13 000	1 000	13 000	6 000
Financial Costs	1 126 000	852 000	834 000	865 000
Financial Balance	−1 113 000	−851 000	−821 000	−859 000
Earnings Before Tax	−3 327 000	−1 664 000	−2 425 000	−620 000
Tax	−920 000	−532 000	0	−207 000
Net Income	−2 407 000	−1 131 000	−2 425 000	−413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 487 000	23 561 000	24 121 000	24 700 000
Total Current Assets	9 020 000	4 672 000	1 864 000	1 298 000
Total Assets	31 507 000	28 233 000	25 986 000	25 998 000
Total Retained Equity	−6 171 000	−3 764 000	−2 632 000	−207 000
Total Equity	5 688 000	2 990 000	928 000	3 353 000
Total Long-Term Debt	24 909 000	24 666 000	23 310 000	21 305 000
Total Current Debt	909 000	577 000	1 748 000	1 341 000
Total Equity and Debt	31 507 000	28 233 000	25 986 000	25 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	569 000	1 649 000	518 000	2 153 000
Other Income	95 000	0	13 000	596 000
Revenue	663 000	1 649 000	531 000	2 749 000
Cost of Goods Sold	179 000	214 000	174 000	221 000
Salary Costs	0	0	0	0
Depreciation	592 000	0	592 000	595 000
Impairment	0	592 000	0	0
Expenditure	2 876 000	2 461 000	2 136 000	2 510 000
Operating Profit	−2 213 000	−812 000	−1 604 000	240 000
Financial Income	13 000	1 000	13 000	6 000
Financial Costs	1 126 000	852 000	834 000	865 000
Financial Balance	−1 113 000	−851 000	−821 000	−859 000
Dividends	0	0	0	0
Net Income	−2 407 000	−1 131 000	−2 425 000	−413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	224 000	593 000	593 000
Real Eastate	22 487 000	23 052 000	0	0
Machinery and Plant Facilities	0	0	23 479 000	23 991 000
Fixtures	0	0	50 000	0
Total Tangible Assets	22 487 000	23 052 000	23 529 000	24 041 000
Total Fiancial Fixed Assets	0	285 000	0	67 000
Total Fixed Assets	22 487 000	23 561 000	24 121 000	24 700 000
Stock	0	0	115 000	0
Total Investments	0	0	0	0
Cash, Bank	332 000	467 000	42 000	136 000
Total Current Assets	9 020 000	4 672 000	1 864 000	1 298 000
Total Assets	31 507 000	28 233 000	25 986 000	25 998 000
Total Equity	5 688 000	2 990 000	928 000	3 353 000
Short-Term Group Debt	152 000	60 000	0	0
Total Long-Term Debt	24 909 000	24 666 000	23 310 000	21 305 000
Creditors	186 000	146 000	1 952 000	1 140 000
Unpaid Taxes	0	0	−478 000	−182 000
Dividends	0	0	0	0
Other Current Debt	386 000	370 000	274 000	383 000
Total Current Debt	909 000	577 000	1 748 000	1 341 000
Total Equity and Debt	31 507 000	28 233 000	25 986 000	25 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,32 %	−37,83 %	−261,31 %	−12,32 %
Debt-to-Equity Ratio	4,38	8,25	25,12	6,35
Operating Profit Margin	−333,79 %	−49,24 %	−302,07 %	8,73 %
Current Ratio	9,92	8,1	1,07	0,97
Quick Ratio	9,92	8,1	1,14	0,97
Equity Ratio	0,18	0,11	0,04	0,13
Gross Profit Margin	73 %	87,02 %	67,23 %	91,96 %